AEIS on Nasdaq

Advanced Energy

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

American multinational technology company

Advanced Energy Industries, Inc. is an American multinational technology company headquartered in Denver, Colorado that develops precision power conversion, measurement and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, telecommunications network equipment, industrial coatings, medical devices, solar cells and architectural glass.3 Its shares trade on Nasdaq under the symbol AEIS.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1981Founded1

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  • TickerAEIS on Nasdaq1
  • IndustryElectronic Components, NEC1
  • HeadquartersFort Collins1
  • Websitewww.advanced-energy.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business addressAttn: Paul Oldham, 1595 Wynkoop St, Suite 800, Denver, Co 802026
  • Filer categoryLarge accelerated filer6
  • LEI549300756XI3QLFT2U274
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressc/o The Corporation Trust Company, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 25393624

Advanced Energy Industries, Inc. is an American multinational technology company headquartered in Denver, Colorado that develops precision power conversion, measurement and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, telecommunications network equipment, industrial coatings, medical devices, solar cells and architectural glass.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

37.7%Gross margin9
9.3%Operating margin9
8.2%Net margin9
21.4%Revenue growth, 20259
10.9%Return on equity9
0.42×Debt to equity9
$125.9MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Semiconductor Equipment brought in 42% of the revenue Advanced Energy broke down this way in fiscal 2025.

  1. Semiconductor Equipment$839.9M942%up 6% from 2024
  2. Data Center Computing$587.3M930%up 107% from 2024
  3. Industrial and Medical$282.3M914%down 11% from 2024
  4. Service and Other$183.9M99%up 11% from 2024
  5. Telecom and Networking$89.3M95%up 0% from 2024
Products and services by year
Products and services202320242025
Semiconductor Equipment$743.8M$792.5M$839.9M
Data Center Computing$249.9M$284.2M$587.3M
Industrial and Medical$474.4M$316.2M$282.3M
Service and Other$171.8M$166.3M$183.9M
Telecom and Networking$187.7M$89.1M$89.3M

Regions

Other Countries brought in 36% of the revenue Advanced Energy broke down this way in fiscal 2025.

  1. Other Countries$656.2M936%up 9% from 2024
  2. United States$541.4M930%up 6% from 2024
  3. Mexico$252.8M914%up 58% from 2024
  4. Japan$218.2M912%up 307% from 2024
  5. Taiwan$130.2M97%down 18% from 2024
Regions by year
Regions202320242025
Other Countries$747.2M$600.0M$656.2M
United States$598.4M$508.7M$541.4M
Mexico$123.5M$160.1M$252.8M
Japan$62.5M$53.6M$218.2M
Taiwan$124.2M$159.6M$130.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$1.1B
  • Research and development13¢$232.4M
  • Selling, general and admin13¢$242.4M
  • Other costs1¢$18.1M
  • Interest1¢$16.7M
  • Income tax1¢$19.4M
  • Profit8¢$148.4M

Out of $1.8B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending46¢$107.4M
  • Dividends paid7¢$15.6M
  • Share buybacks13¢$30.2M
  • Kept or used elsewhere34¢$80.1M

Out of $233.3M of cash from operations.9

Financial statements

Revenue101112139$1.8B in 2025+128% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $788.9M$788.9M20192020: $1.4B$1.4B2020+79%2021: $1.5B$1.5B2021+3%2022: $1.8B$1.8B2022+27%2023: $1.7B$1.7B2023−10%2024: $1.5B$1.5B2024−10%2025: $1.8B$1.8B2025+21%
Gross profit101112139$677.4M in 2025+115% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $315.7M$315.7M20192020: $541.9M$541.9M2020+72%2021: $532.3M$532.3M2021−2%2022: $675.5M$675.5M2022+27%2023: $592.4M$592.4M2023−12%2024: $529.3M$529.3M2024−11%2025: $677.4M$677.4M2025+28%
Operating income101112139$168.0M in 2025+209% since 2019
0$100.0M$200.0M$300.0M2019: $54.4M$54.4M20192020: $176.0M$176.0M2020+224%2021: $151.7M$151.7M2021−14%2022: $233.1M$233.1M2022+54%2023: $113.7M$113.7M2023−51%2024: $36.6M$36.6M2024−68%2025: $168.0M$168.0M2025+359%
Net income101112139$148.4M in 2025+129% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $64.9M$64.9M20192020: $134.7M$134.7M2020+107%2021: $134.7M$134.7M2021+0%2022: $199.7M$199.7M2022+48%2023: $128.3M$128.3M2023−36%2024: $54.2M$54.2M2024−58%2025: $148.4M$148.4M2025+174%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenue, net$1.8B$1.5B$1.7B
Cost of revenue$1.1B$952.7M$1.1B
Gross profit$677.4M$529.3M$592.4M
Research and development$232.4M$211.8M$202.4M
Selling, general, and administrative$242.4M$224.6M$221.0M
Amortization of intangible assets$22.1M$26.0M$28.3M
Restructuring, asset impairments, and other charges$12.5M$30.3M$27.0M
Total operating expenses$509.4M$492.7M$478.7M
Operating income$168.0M$36.6M$113.7M
Interest income$26.6M$42.9M$27.1M
Interest expense-$16.7M-$25.1M-$16.6M
Other expense, net-$9.2M-$2.0M-$1.7M
Income from continuing operations, before income tax$168.7M$52.4M$122.5M
Income tax provision (benefit)$19.4M-$3.9M-$8.3M
Income from continuing operations$149.3M$56.3M$130.8M
Loss from discontinued operations, net of income tax-$900.0K-$2.1M-$2.5M
Net income$148.4M$54.2M$128.3M
Basic weighted-average common shares outstanding37.6M shares37.5M shares37.5M shares
Diluted weighted-average common shares outstanding38.6M shares37.8M shares37.8M shares
Basic earnings per share$4$2$3
Diluted earnings per share$4$1$3
Basic loss per share-$0-$0-$0
Diluted loss per share-$0-$0-$0
Basic earnings per share$3.95$1.45$3.42
Diluted earnings per share$3.84$1.43$3.40

Compare Advanced Energy with another company

Corporate structure

Advanced Energy sits at the top of its group. 64 entities, 19 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Advanced Energy

  • Advanced Energy Wilmington, Delaware, United States
    • Advanced Energy Industries (Malaysia) SDN. BHD. Subsidiary · Malaysia
    • Advanced Energy Industries (Shenzhen) Co., Ltd. Subsidiary · China
    • Advanced Energy Industries (Thailand) Ltd. Subsidiary · Thailand
    • Advanced Energy Industries AE - Israel Ltd. Subsidiary · Israel
    • Advanced Energy Industries Limited Subsidiary · Hong Kong
    • Advanced Energy Industries U.K., Ltd. Subsidiary · United Kingdom
    • Advanced Energy Industries, Inc. Shanghai Subsidiary · China
    • Advanced Energy Japan K.K. Subsidiary · Japan
    • Advanced Energy Taiwan, Ltd. Subsidiary · Taiwan
    • Advanced Energy Xi'an Co., Ltd. Subsidiary · China
    • AE Korea, Ltd. Subsidiary · South Korea
    • AE Power Singapore Pte Ltd. Subsidiary · Singapore
    • AEI Finance Verwaltungs GmbH Subsidiary · Germany
    • AEI Holdings GmbH Subsidiary · Germany
    • AEI Korea Services, Ltd. Subsidiary · South Korea
    • AEI Power GmbH Subsidiary · Germany
    • AEI Power India PVT. Ltd. Subsidiary · India
    • AEI US Subsidiary, LLC Subsidiary · Delaware, United States
    • AES Global Holding PTE Ltd. Subsidiary · Singapore
    • Artesyn Embedded Technologies (Hong Kong) Limited Subsidiary · Hong Kong
    • Artesyn Embedded Technologies GmbH Subsidiary · Germany
    • Artesyn Embedded Technologies Philippines Inc. Subsidiary · Philippines
    • Artesyn Technologies Asia-Pacific Ltd. Subsidiary · Hong Kong
    • Astec Agencies Limited Subsidiary · Hong Kong
    • Astec Agencies Limited [Philippines ROHQ] Subsidiary · Philippines
    • and 38 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Advanced Energy reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$496.6M9 Dec 31, 2025$386.6M9 Dec 31, 2024+28.5%
Accumulated depreciation$223.8M9 Dec 31, 2025$201.0M9 Dec 31, 2024+11.3%
Property and equipment, net$272.8M9 Dec 31, 2025$185.6M9 Dec 31, 2024+47.0%
Operating-lease assets (leased space)$98.1M9 Dec 31, 2025$96.3M9 Dec 31, 2024+1.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$791.2M9 Dec 31, 2025$722.1M9 Dec 31, 2024+9.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$300.8M9 Dec 31, 2025$296.0M9 Dec 31, 2024+1.6%
Finite-lived intangibles, gross$300.5M9 Dec 31, 2025$295.9M9 Dec 31, 2024+1.6%
Accumulated amortization$182.8M9 Dec 31, 2025$156.5M9 Dec 31, 2024+16.8%
Finite-lived intangibles, net$117.7M9 Dec 31, 2025$139.4M9 Dec 31, 2024−15.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$411.2M9 Dec 31, 2025$360.4M9 Dec 31, 2024+14.1%
Work in process$27.3M9 Dec 31, 2025$20.6M9 Dec 31, 2024+32.5%
Finished goods$70.3M9 Dec 31, 2025$84.7M9 Dec 31, 2024−17.0%

Properties, in its own words

Information concerning our principal properties is set forth below:

Location · Principal Activity · Ownership

The rest of Item 2

Denver, Colorado · Corporate headquarters, general and administrative · Leased

Bangkok, Thailand · Planned manufacturing (expected to be operational in 2026) · Leased

Fort Collins, Colorado · Research and development, distribution, sales, and service · Leased

Hong Kong, China · Distribution, engineering, and administrative · Leased

Littlehampton, United Kingdom · Manufacturing, distribution, sales, service, and research and development · Leased

Lockport, New York · Manufacturing, distribution, service, and research and development · Leased

Mexicali, Mexico · Manufacturing · Leased

Milpitas, California · Sales, marketing, research and development · Leased

Penang, Malaysia · Manufacturing and distribution · Leased

Quezon, Philippines · Engineering, research and development, administration, and support · Leased

Rosario, Philippines · Manufacturing · Owned

Santa Rosa, Philippines · Manufacturing · Leased

Singapore, Singapore · Global operations headquarters (sales, service, and research and development) · Leased

Sungnam City, South Korea · Sales, distribution, and service · Leased

Taipei, Taiwan · Sales, distribution, engineering, and service · Leased

Vancouver, Washington · Manufacturing, research and development · Leased

Wilmington, Massachusetts · Research and development · Leased

Zhongshan, China · Manufacturing (operations ceased in 2025) · Leased

In addition to the above principal properties, we have several other facilities throughout North America, Europe, and Asia. We consider the properties that we own or lease as adequate to meet our current and future requirements. We regularly assess the size, capability, and location of our global infrastructure and periodically make adjustments based on these assessments.

Item 2 of the 10-K filed Feb 13, 2026.17

Leadership

Who has led Advanced Energy, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (32)

Products and brands

Advanced Energy's Products include high and low voltage power systems, thermal measuring instruments, DC and RF plasma power generators, remote plasma sources, electrostatic products, AC/DC and DC-DC power supplies, and thyristor power controls. The company also offers services globally.

Its largest customers are Advanced Semiconductor Materials, Lam Research, Tokyo Electron, and more.

From Wikipedia’s article on Advanced Energy, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • AE Korea, Ltd. South Korea8
  • AE Power Singapore Pte Ltd. Singapore8
  • AEI Finance Verwaltungs GmbH Germany8
  • AEI Holdings GmbH Germany8
  • AEI Korea Services, Ltd. South Korea8
  • AEI Power GmbH Germany8
  • AEI Power India PVT. Ltd. India8
  • AEI US Subsidiary, LLC Delaware8
  • AES Global Holding PTE Ltd. Singapore8
  • Advanced Energy Industries (Malaysia) SDN. BHD. Malaysia8
  • Advanced Energy Industries (Shenzhen) Co., Ltd. China8
  • Advanced Energy Industries (Thailand) Ltd. Thailand8
  • Advanced Energy Industries AE - Israel Ltd. Israel8
  • Advanced Energy Industries Limited Hong Kong8
  • Advanced Energy Industries U.K., Ltd. United Kingdom8
  • Advanced Energy Industries, GmbH Germany8
  • Advanced Energy Industries, Inc. Shanghai China8
  • Advanced Energy Japan K.K. Japan8
  • Advanced Energy Taiwan, Ltd. Taiwan8
  • Advanced Energy Xi'an Co., Ltd. China8
  • Artesyn Embedded Technologies (Hong Kong) Limited Hong Kong8
  • Artesyn Embedded Technologies GmbH Germany8
  • Artesyn Embedded Technologies Philippines Inc. Philippines8
  • Artesyn Embedded Technologies, Inc. Florida8
All 67 listed subsidiaries
  • Artesyn Technologies Asia-Pacific Ltd. Hong Kong8
  • Astec Agencies Limited Hong Kong8
  • Astec Agencies Limited [Philippines ROHQ] Philippines8
  • Astec Agencies Limited [Taiwan Branch] Taiwan8
  • Astec America, LLC Delaware8
  • Astec Electronics Company Limited China8
  • Astec Electronics Company Limited [Beijing Branch] China8
  • Astec Electronics Company Limited [Xi'an Branch] China8
  • Astec Europe Limited United Kingdom8
  • Astec Europe Limited [Austria Branch] Austria8
  • Astec Europe Limited [Ireland Branch] Ireland8
  • Astec Europe Limited [Italy Branch] Italy8
  • Astec International Limited Hong Kong8
  • Astec Power Philippines, Inc. Philippines8
  • Astec Power Supply (Shenzhen) Company Limited China8
  • Embedded Computing & Power (India) Private Limited India8
  • Excelsys Technologies Ltd. Ireland8
  • HiTek DB Pension Scheme Trustees Ltd United Kingdom8
  • HiTek Power GmbH Germany8
  • HiTek Power Ltd. United Kingdom8
  • Industrias SL S.A. de C.V. Mexico8
  • LumaSense Equipments India Pvt. Ltd. India8
  • LumaSense Europe GmbH Germany8
  • LumaSense Sensor GmbH Germany8
  • LumaSense Technologies GmbH Germany8
  • LumaSenseTechnologies, Inc. Delaware8
  • SL Power Electronics Corporation Delaware8
  • SL Power Electronics Limited United Kingdom8
  • SL Shanghai Power Electronics Corporation China8
  • SL Xianghe Power Electronics Corporation China8
  • Sekidenko, Inc. Washington8
  • Solvix GmbH Switzerland8
  • Stourbridge Holdings (UK) Limited United Kingdom8
  • String Inverter Repair Services LLC Colorado8
  • TJ Acquisition Subsidiary, Inc. New York8
  • Tegam, Inc. Colorado8
  • Trek Holdings G.K. Japan8
  • Trek Japan K.K. Japan8
  • Trek, Inc. New York8
  • UltraVolt Group Inc. Delaware8
  • UltraVolt, Inc. New York8
  • Versatile Power, Inc. California8
  • Zhongshan Artesyn Technologies Co., Ltd. China8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

1981 Founded in Colorado, U.S.A. on May 5

1987 Japanese office opened

1990 German office opened

1993 UK office opened

Read the full text

1995 Listed on Nasdaq

1996 Korean office opened

1998 RF Power Products acquired

1999 Taiwan office opened

2000 China office opened

2001 Sekidenko acquired

2002 Aera Corporation acquired

2002 Litmas acquired

2002 Dressler (Dressler Hochfrequenztechnik GmbH & Dressler USA, Inc.) acquired

2007 Dressler site closed

2010 PV Powered acquired

2010 Mass flow controller business and gas cabinet business sold to Hitachi Metal (Japan). Temporarily withdrawing from the Japanese office.

2012 Solvix SA acquired

2013 RefuSol (Metzingen, Germany) acquired

2014 Power control modules (silicon-controlled rectifier controllers) section of AEG Power Solutions, Warstein-Belecke, Germany, acquired

2014 HiTek Power (UK) acquired

2014 UltraVolt (US) acquired

2017 Excelsys (IRL) acquired

2017 Japan office re-entry

2018 Israel office opened

2018 TREK Holdings (US) acquired

2018 Monroe Electronics (US) acquired

2018 LumaSense (US) acquired

2019 Divests Solar Inverter business

2019 Customer Solutions Center Karlstein am Main, Germany opened

2019 Artesyn Embedded Power (US) acquired

2022 SL Power acquired

2020 Advanced Energy STEM Diversity Scholarship Program introduced

2021 TEGAM acquisition

2021 Versatile Power acquisition

2024 Airity Technologies acquisition

From Wikipedia’s article on Advanced Energy, shared under CC BY-SA 4.0.7

Timeline

  1. Aug 3, 20268-K Results of operations62
  2. Jun 12, 20268-K Other events63
  3. May 18, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares64
  4. May 14, 20268-K Other events65
  5. May 13, 20268-K Other events66
  6. May 8, 20268-K Executive or director change; Bylaws or fiscal year changed; Shareholder vote67
  7. May 4, 20268-K Results of operations68
  8. Feb 10, 20268-K Results of operations69
  9. Nov 4, 20258-K Results of operations70
  10. Aug 5, 20258-K Results of operations71
  11. May 12, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation72
  12. Apr 30, 20258-K Results of operations73
  13. Mar 2, 2021New chief executive Stephen Douglas Kelley becomes CEO18
  14. Oct 2, 2014New chief executive Yuval Wasserman becomes CEO19
  15. Aug 4, 2011New chief executive Garry W. Rogerson becomes CEO20
  16. Feb 17, 2006New chief executive Hans Georg Betz Dr. becomes CEO21
  17. 1981Founded Founded1

Calendar

Coming up

  1. Nov 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.46 a share, on Nov 4, 2025.74

When it reported results

  1. Aug 3, 2026Reported quarterly or annual results62
  2. May 4, 2026Reported quarterly or annual results68
  3. Feb 10, 2026Reported quarterly or annual results69
  4. Nov 4, 2025Reported quarterly or annual results70
  5. Aug 5, 2025Reported quarterly or annual results71
  6. Apr 30, 2025Reported quarterly or annual results73
  7. Feb 12, 2025Reported quarterly or annual results75
  8. Oct 30, 2024Reported quarterly or annual results76

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

390 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 202 insider forms, 31 large holders, 94 other. The latest 20:

  1. Oct 7, 20264 EDGAR
  2. Oct 5, 2026144 EDGAR
  3. Sep 10, 20264 EDGAR
  4. Sep 10, 20264 EDGAR
  5. Sep 8, 2026144 EDGAR
  6. Sep 8, 2026144 EDGAR
  7. Aug 27, 2026144 EDGAR
  8. Aug 27, 20264 EDGAR
  9. Aug 25, 20264 EDGAR
  10. Aug 20, 20264 EDGAR
  11. Aug 19, 20264 EDGAR
  12. Aug 18, 2026144 EDGAR
  13. Aug 18, 2026144 EDGAR
  14. Aug 6, 2026SCHEDULE 13G/A EDGAR
  15. Aug 5, 2026144 EDGAR
  16. Aug 5, 20264 EDGAR
  17. Aug 3, 202610-Q EDGAR
  18. Aug 3, 20268-K EDGAR
  19. Jul 27, 2026SCHEDULE 13G/A EDGAR
  20. Jul 17, 2026SCHEDULE 13G/A EDGAR

The 390 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

65 open-market trades by officers, directors and large owners since October 2021: 0 buys and 65 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 8, 2026Vonne Elizabeth KarpinskiEVP, General CounselSale632$288.14$182.1KForm 4
Sep 8, 2026DelSanto AnneDirectorSale265$288.14$76.4KForm 4
Aug 27, 2026Vonne Elizabeth KarpinskiEVP, General CounselSale907$290.05$263.1KForm 4
Aug 18, 2026Vonne Elizabeth KarpinskiEVP, General CounselSale908$332.68$302.1KForm 4
Aug 18, 2026Acebedo Eduardo BernalEVP and COOSale24,771$315.48$7.8MForm 4
Aug 5, 2026DelSanto AnneDirectorSale270$345.00$93.2KForm 4
Jun 15, 2026Shirley BrianDirectorSale1,234$372.35$459.5KForm 4
Apr 16, 2026Vonne Elizabeth KarpinskiEVP, General CounselSale966$369.40$356.8KForm 4
Apr 15, 2026DelSanto AnneDirectorSale240$380.52$91.3KForm 4
Mar 18, 2026Oldham Paul REVP, CFOSale4,314$315.99$1.4MForm 4
Mar 16, 2026DelSanto AnneDirectorSale240$312.59$75.0KForm 4
Mar 13, 2026Shirley BrianDirectorSale1,234$310.19$382.8KForm 4
Mar 10, 2026Kelley Stephen DouglasPresident and CEOSale50,000$316.62$15.8MForm 4
Mar 4, 2026Roush John ADirectorSale10,225$323.56$3.3MForm 4
Mar 3, 2026COLPITTS BERNARD RAYMOND JRSVP, Chief Accounting OfficerSale1,104$325.60$359.5KForm 4
Feb 23, 2026Vonne Elizabeth KarpinskiEVP, General CounselSale964$328.42$316.6KForm 4
Feb 17, 2026DelSanto AnneDirectorSale240$311.04$74.7KForm 4
Feb 13, 2026Minnix LaneshaDirectorSale1,000$316.63$316.6KForm 4
Jan 15, 2026DelSanto AnneDirectorSale240$247.00$59.3KForm 4
Dec 15, 2025DelSanto AnneDirectorSale240$218.40$52.4KForm 4

All 65 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.4,626,399$1.7B0.0%−1,844,341
Vanguard Portfolio Management LLC2,143,658$799.3M0.0%−175,718
Vanguard Capital Management LLC1,714,026$639.1M0.0%+21,649
Ameriprise Financial Inc1,559,661$581.4M0.1%+249,103
Fmr LLC1,416,875$528.3M0.0%−169,775
State Street Corp1,272,597$474.4M0.0%−178,539
Invesco Ltd.1,188,258$443.1M0.0%−644,480
Bank Of America Corp /de/1,025,403$382.3M0.0%−35,726
Earnest Partners LLC954,262$355.8M1.3%−272,225
Geode Capital Management, LLC938,239$351.0M0.0%−181,998
Jane Street Group, LLC815,680$304.1M0.2%+701,257
Franklin Resources Inc686,434$256.0M0.1%+153,905
Dimensional Fund Advisors LP655,584$244.4M0.0%+3,477
D. E. Shaw & Co., Inc.585,573$218.3M0.1%+583,973
Wellington Management Group Llp509,090$189.8M0.0%+121,614
Norges Bank486,582$181.4M0.0%New
Aqr Capital Management LLC478,794$177.9M0.1%+274,808
Manufacturers Life Insurance Company, The445,629$166.2M0.1%+217,739
Neuberger Berman Group LLC414,656$154.6M0.1%−168,687
Morgan Stanley390,534$145.6M0.0%+74,029
Citadel Advisors LLC387,850$144.6M0.1%New
Millennium Management LLC381,740$142.3M0.1%+78,560
Massachusetts Financial Services Co /ma/375,982$140.2M0.0%−30,189
Goldman Sachs Group Inc363,080$135.4M0.0%−106,862
Northern Trust Corp344,997$128.6M0.0%−135,897

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 29, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−17.0%Report
Mar 27, 2026Gilbert Ray Cisneros, Jr.Democratic, HousePartial sale$1,001 - $15,000+45.1%Report
Mar 3, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−39.6%Report
Jan 20, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−19.0%Report
Apr 17, 2025Josh GottheimerDemocratic, HouseSale$1,001 - $15,000−127.7%Report
Jun 27, 2024Josh GottheimerDemocratic, HouseBuy$1,001 - $15,000+79.8%Report
May 21, 2021Susie LeeDemocratic, HouseSale$1,001 - $15,000−56.8%Report
Feb 23, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000+30.0%Report
Feb 12, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000+21.8%Report
Feb 9, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000+9.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Advanced Energy is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARADVANCED ENERGY INDUSTRIES INC2
  • CIK0000927003
  • Employer ID (EIN)84-084684117
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)3679 Electronic Components, NEC2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business addressAttn: Paul Oldham, 1595 Wynkoop St, Suite 800, Denver, CO 802022
  • Phone97040766262
  • Shares outstanding40,050,442 as of Jul 29, 202615
  • Public float$5.0B as of Jun 30, 202517
  • AuditorErnst & Young LLP, Denver, Colorado PCAOB ID 42; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceMay 13, 19962
  • Filings2,002 in all: 4 (1,113), 8-K (265), SC 13G/A (115), 10-Q (92), 144 (64), 3 (42), SC 13G (35), DEF 14A (30)2
    All 46 form types

    10-K (27), S-8 (23), DEFA14A (20), 4/A (17), 8-K/A (14), 424B3 (13), S-3/A (13), SCHEDULE 13G/A (13), SD (13), S-3 (9), UPLOAD (9), 10-Q/A (7), ARS (7), PRE 14A (7), 3/A (5), CORRESP (5), POS AM (5), CT ORDER (4), 10-K405 (3), 424A (3), 424B4 (3), NT 10-K (3), SCHEDULE 13G (3), 10-K/A (2), 5 (2), S-3ASR (2), S-4 (2), S-8 POS (2), 424B2 (1), 424B5 (1), 425 (1), D (1), DEFR14A (1), EFFECT (1), RW (1), S-3MEF (1), S-4/A (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Feb 13, 2026
    Quarterly report (10-Q) Aug 3, 2026
    Proxy statement (DEF 14A) Mar 26, 2026
    Latest 8-K (8-K) Aug 3, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.001 par valueAEISNasdaq

From the cover page of the 10-K filed Feb 13, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Advanced Energy names in Item 1A of its 10-K filed Feb 13, 2026: 37 risks under these headings, as written.17

  • Business and Industry Risks
  • The industries in which we compete are subject to unpredictable fluctuation or cycles, which may be volatile.
  • We must achieve design wins to retain our existing customers and to obtain new customers, although design wins achieved may not necessarily result in substantial revenue or gross profit.
  • Failure to accurately forecast customer demand, supply chain disruptions, or manufacturing interruptions or delays could affect our ability to meet customer demand, lead to higher costs, or result in excess or obsolete inventory.
  • We are exposed to risks associated with worldwide financial markets and the global economy.
  • We must scale our manufacturing capacity and secure sufficient critical components to meet customer demand.
  • If we are unable to maintain our pricing strategy or adjust our business strategy successfully for some of our product lines to reflect our customers’ price sensitivity, our business and financial condition could be harmed.
  • A significant portion of our revenue and accounts receivable are concentrated among a few customers.
  • If our information security measures are breached, disrupted, or fail, we may incur significant legal and financial exposure and liabilities.
  • Difficulties with the implementation or transition to our next generation enterprise resource planning and other new enterprise-wide information technology system applications could harm our business and impact our results of operations.
  • The loss of and inability to attract and retain key personnel could significantly harm our results of operations and competitive position.
  • Disruptions to our manufacturing or other operations or the operations of our customers or suppliers, due to natural or other disasters, uncontrollable events or other issues could affect our results of operations.
The other 26 risks
  • Our long-term success and results of operations depend on our ability to successfully identify, close, integrate, and realize the anticipated benefits from our acquisitions, strategic investments or divestitures.
  • Our products may suffer from defects or errors leading to increased costs, damages, warranty claims, claims outside of warranty or product liability claims.
  • Our legacy inverter products may suffer higher than anticipated litigation, damage, or warranty claims.
  • International Operations Risks
  • We are subject to risks inherent in international operations.
  • Our operations in the Asia Pacific region are subject to significant political and economic uncertainties over which we have little or no control and we may be unable to alter our business practice in time to avoid reductions in revenues.
  • Unfavorable currency exchange rate fluctuations may lead to lower operating margins, or may cause us to raise prices, which could result in reduced revenue.
  • Legal, Tax, and Compliance Related Risks
  • Continued restrictive global trade regulatory environment coupled with increasingly complex rules have adversely impacted our business, could further impact our business, and could erode the competitiveness of our products compared to local and global competitors.
  • We are highly dependent on our intellectual property.
  • Our supply chain is subject to regulatory risk.
  • We are, and expect to continue to be, involved in litigation. Legal proceedings are costly and could have a material adverse effect on our commercial relationships, business, financial condition, and operating results.
  • Changes in tax laws, tax rates, or mix of earnings in tax jurisdictions in which we do business could impact our future tax liabilities and related corporate profitability.
  • Increased governmental action on income tax regulations could adversely impact our business.
  • Changes in our provision for income taxes or adverse outcomes resulting from examination of our income tax returns could adversely affect our results.
  • We are subject to numerous governmental regulations.
  • We are subject to risks associated with environmental, health, and safety regulations.
  • Our failure to maintain appropriate environmental, social, and governance (“ESG”) practices and disclosures could result in reputational harm, a loss of customer and investor confidence, and adverse business and financial results.
  • Commercial and Financial Related Risks
  • Our debt obligations and the restrictive covenants in certain of the agreements governing our debt could limit our ability to operate our business or pursue our business strategies, could adversely affect our business, financial condition, results of operations, and cash flows, and could significantly reduce stockholder benefits from a change of control event.
  • Return on investments or interest rate declines on plan investments could result in additional unfunded pension obligations for our pension plan.
  • Our intangible assets and goodwill may become impaired.
  • The conditional conversion features of the Convertible Notes may adversely affect our financial condition and operating results.
  • Conversion of the Convertible Notes may dilute the ownership interest of our stockholders and the existence of the Convertible Notes may depress the price of our common stock.
  • The hedges and warrants in our own common stock may adversely affect the common stock’s trading price.
  • We are subject to counterparty default risk with respect to the Convertible Note Hedges.
  • Risks Relating to Ownership of Our Common Stock
  • The market price of our common stock has fluctuated and may continue to fluctuate for reasons over which we have no control.
  • We may not pay dividends on our common stock.
  • Our operating results are subject to fluctuations, and if we fail to meet the expectations of securities analysts or investors, our share price may decrease significantly.

Legal proceedings

We are involved in disputes and legal actions arising in the normal course of our business. Although it is not possible to predict the outcome of these matters, we believe that the results of these proceedings will not have a material adverse effect on our financial condition, results of operations, or liquidity. For further information see Note 15. Commitments and Contingencies in Part II, Item 8 “Financial Statements and Supplementary Data.”

The opening of Item 3, Legal Proceedings.17

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